Presentation: Target2 and the Euro Crisis
Yesterday, I gave a presentation on “Target2 and the Euro Crisis” at the Bank of England’s Centre for Central Banking […]
Central Banks, Euro Crisis
Banking
Ireland’s Mortgage Crisis is Real
The front page headline story in yesterday’s Irish Independent was “Central Bank figures ‘overstating’ number in mortgage crisis” by Laura
Euro Crisis
A History Lesson for Professor Sinn
Hans-Werner Sinn has an article in today’s New York Times. The main point of the article is to rebut arguments
Euro Crisis
Presentation on Euro Crisis at INFINITI Conference
Yesterday, I appeared on a panel on the Euro crisis at the Infiniti finance conference at Trinity College Dublin. The
Banking, Euro Crisis
A Better Deal for Spain?
Much of the reporting and instant commentary on the announcement of the deal involving EFSF\ESM funding for Spanish bank recapitalisation
Banking, Central Banks
What Is Ireland’s Bank Debt and What Can Be Done About It?
In both the run up to the referendum and its aftermath, there have been widespread references to something called “Ireland’s
Fiscal Compact Treaty
Voting No? Consider Reading this Post
I’m voting Yes to today’s referendum on the Treaty on Stability, Coordination and Governance. I know many people are voting
Banking, Central Banks
ECB and Bankia: Liquidity Solvency Confusion in the Eurotower
My earlier post about the FT’s story on ECB “rejecting” the plan to recapitalise Bankia by providing them with €19bn
Banking, Central Banks
The ECB and Bankia
The FT is reporting (news article here, commentary here) that the ECB has “rejected” the Spanish government’s plan to recapitalise
Central Banks, Euro Crisis
Another Week, Another Target 2 Article
Another week, another academic hyperventilating about the crucial importance of Target2. This week’s entry is from Michael Burda of Humboldt